.The United States stocks are continuing their downtrend with the Dow right now down 700 aspects or 1.70%. All the Dow 30 stocks are lesser. The S&P index is down -88 aspects or even -1.60% at 5408.87. That is actually obtaining closer to this 100 time moving standard of 5391.77. The price technique listed below its own 100 time relocating typical back on August 5 (the day the Nikkei fell -12.4%). The rate closed back above that moving normal level on August 8. What are actually some drivers: The controversy results slant towards Kamala Harris. The marketplaces are actually afraid although the plans she points out are less arming than Pres. Biden. The corporate tax cost is assumed to relocate much higher. The chatter concerning financing increases tax obligations raising for those creating more than 1M each year. Primary rising cost of living was still higher along with shelter remaining to be actually a concern. China weak.The Fed cutting by 50 bps gets out the desk. Perception of slower US growth ahead of time. Geopolitical threats remainPostives: Oil rates are actually lower.Yields are reduced which lowers home loan ratesThe stock exchange prospered under Biden as well. First unemployed insurance claims are actually not leading to an economic crisis. Real every week earnings increased which suggests productivity increases.This short article was written by Greg Michalowski at www.forexlive.com.